February 23, 2018—We hear about currency fluctuations and its possible impact on trade in the business news frequently.
Economic theory indicates that prices and consumption are linked. When prices are low, people usually buy more of a desired good than when prices are high. Part of a price includes the value of the currency with which it is purchased. For example, if the U.S. dollar is less expensive relative to the currency of the trading partner, that partner can use less of their money to purchase goods or services from the United States. Conversely, if the dollar is more expensive they must use more of their currency. (There are many articles published about this topic, including How the Dollar Impacts Commodity Prices.)
January 16, 2018—CEMAC recently teamed up with Lexidyne, LLC and the Thayer School of Engineering at Dartmouth to publish a new article in the Sustainability journal. The article examines high-purity polysilicon, a key material in solar photovoltaics, that has experienced significant price fluctuations, affecting the manufacturing capacity and cost of both polysilicon and solar panels.
January 4, 2018—To understand more about the opportunities to improve and expand the geothermal power market, CEMAC developed a manufacturing analysis methodology of geothermal power plant turbines including materials, manufacturing equipment, machining process and cost model. We presented our case study findings at the Geothermal Resources Council annual meeting—the world's largest annual geothermal energy event—and were surprised to learn afterward that we won a Best Presentation Award.